Expense Monitoring & Auditing: Redefining Transactional Monitoring Procedures
Audit 100% of your commercial expenses data within a few minutes instead of manual and time-consuming projects to ensure that your organization stays compliant with the predefined expense limits.
Expense Monitoring & Auditing brings comprehensive expense report insights critical to addressing entrenched challenges in managing company-wide expenses.
- SAP Concur and Veeva Connector to extract reports and attachments
- OCR Technology to convert receipts, boarding passes, sign-in sheets, travel-related receipts, and expense-related documents into machine-readable text.
- Built-in and configurable audit rules
- Manual overriding of the audit results
- Manage risk remediation by moving risky reps and reports to the workbench
- Dive into previously executed audits
Adhere to relevant local laws and regulations, comply with internal policies and standard operating procedures, and conform to industry and professional standards applicable to the specific country or region.
Streamline the transaction monitoring procedures
with Expense Monitoring & Auditing
Expense Monitoring & Auditing enables compliance teams to ensure all expenses are legitimated and adequately documented. In addition, it brings the possibility of leveraging a consolidated view of your spend data through a single dashboard to
life, allowing compliance and organizational leaders to make informed spending decisions, stay compliant, and simplify the transaction model and expense reporting process for everyone.
- View Consolidated Business Expenses
- Save Time & Effort While Maximizing Effectiveness
- Always Stay Within The Predefined Expense Limits
Resources
Newly appointed compliance professionals cannot be expected to understand the hassle of manually auditing 100% of commercial expense data. With countless ...
Life Sciences companies face significant challenges ensuring accuracy and transparency in expense monitoring and auditing. To address these challenges, a few ...
